140 University AVE #2-5, Waterloo, ON N2L 6J3
140 University AVE #2-5, Waterloo, ON N2L 6J3
140 University AVE #2-5, Waterloo, ON N2L 6J3
140 University AVE #2-5, Waterloo, ON N2L 6J3
140 University AVE #2-5, Waterloo, ON N2L 6J3
140 University AVE #2-5, Waterloo, ON N2L 6J3
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$ 590,000
Est. payment | /mo

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$ 590,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40847280

Property Sub-Type Commercial

Source Cornerstone

Property Description

Prime Investment Opportunity, Own a landmark commercial business in the heart of Waterloo's thriving university district,presenting a rare opportunity to acquire a well-established business and income-producing commercial asset in the highly sought-after University Plaza, directly serving the vibrant communities of the University of Waterloo and Wilfrid Laurier University.Surrounded by thousands of students, faculty members, professionals, and local residents, this prime location enjoys exceptional visibility, consistent foot traffic, and strong year-round consumer demand.
Prime location in Waterloo's premier university commercial district
Established supermarket with a loyal customer base and strong local reputation
Fully equipped and operational, ready for seamless ownership transition
Excellent accessibility with ample parking and convenient transit connections
Ideal for owner-operators or investors seeking stable long-term value
Reliable Rental Income
In addition to the supermarket operation, the property features several established tenants, including:
A vape retail store
An arcade entertainment venue
A Chinese restaurant
These leased spaces generate approximately CAD $13,000 in monthly rental income, providing immediate, stable cash flow while enhancing the property's overall investment performance.
Located in one of Waterloo's strongest and most resilient retail markets
Supported by two internationally recognized universities with a large, year-round customer base
Multiple income streams through both business operations and rental revenue
Strong long-term appreciation potential driven by continued population growth and commercial development
Whether you are an experienced investor, an entrepreneur looking to expand your portfolio, or an owner-operator seeking a flagship location, offers an exceptional combination of stable income, operational potential, and long-term capital appreciation.

Location

State ON

County Waterloo

Area 4 - Waterloo West

Direction University and Phillip

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Garage No

Building

Faces University and Phillip

New Construction No

Others

Senior Community false

Listed by Royal LePage Peaceland Realty

Nearby Locations

Ryan Schinker
Ryan Schinker

Agent

+1(519) 807-8485 | ryan@soldbyschinker.com

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140 University AVE #2-5